In a significant development for the automotive industry, Bahrain Mumtalakat Holding Company (“Mumtalakat”) has taken full control of the renowned McLaren Group. This acquisition includes a majority stake in the McLaren F1 team, solidifying Mumtalakat’s commitment to the brand. Mumtalakat, already McLaren’s largest shareholder, now holds full ownership. This move simplifies the shareholder structure and […]
Saudi’s Capital Market Authority (CMA) has granted approval for the registration and initial public offering (IPO) of shares by Miahona Company. The decision, made by the CMA Board on 10/09/1445H corresponding to 20/03/2024G, allows
The Capital Market Authority (CMA) has greenlit the registration and initial public offering (IPO) of Saudi Manpower Solutions Company (SMASCO), marking a significant development in the country’s financial landscape. In a resolution dated 01/09/1445H
Parkin Company, the leading provider of paid parking facilities and services in Dubai, has revealed plans to embark on an initial public offering (IPO) and subsequently list its ordinary shares (Shares) on the Dubai Financial
White & Case LLP has advised Actis on its acquisition of a newly carved-out tower portfolio from leading Central & Eastern European telecommunications operator Telekom Srbija. “This is an extremely exciting transaction for Actis and
Latham & Watkins has successfully guided HSBC, J.P. Morgan, and SNBC as financial advisers, bookrunners, and underwriters of MBC Group’s landmark initial public offering (IPO) on the Saudi Exchange’s Main Market. The
AS&H Clifford Chance has served as the issuer’s counsel to MBC Group (MBC), a prominent media and entertainment company in the Middle East and North Africa, during its SAR 831 million (US$222 million)
Roads & Transport Authority (RTA) and Dubai Taxi Company (Dubai Taxi) have successfully executed the initial public offering (IPO) and subsequent listing of Dubai Taxi on the Dubai Financial Market (DFM). This development is part
Allen & Overy (A&O) provided counsel to CFG Bank (CFG) as the issuer embarked on its initial public offering (IPO) on the Casablanca Stock Exchange (CSE). CFG anticipates raising approximately MAD600 million through
Investcorp Capital (Investcorp) has successfully completed its initial public offering (IPO) on the Abu Dhabi Securities Exchange (ADX), with Latham & Watkins serving as legal advisors to the underwriters and Clifford Chance as international issuer’
